Instant view : Bank stocks tank, markets rethink rate-hike path – Stock market news
(Reuters) - Global bank shares fell on Monday even as U.S. authorities moved quickly to stem contagion following the collapse of startup-focused…
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SVB meltdown triggers global drop in bank shares
Shares of SVB, which does business as Silicon Valley Bank, were halted on Friday after falling as much as 66% earlier in pre-market trading. The rout, which began on Thursday, has fueled concerns about hidden risks in the banking sector…
SVB turmoil a sign of pain coming from end of easy-cash era
The risks were brought to the fore this week as US technology specialist Silicon Valley Bank scrambled for fresh capital, sparking a rout in bank stocks. SVB was looking for financing to offset the sale of a $21 billion loss-making bond…
Europeans in the red; banks hurt on the Mib.
(Alliance News) - Europe's main stock markets closed lower on Friday, with banking stocks in Piazza Affari dragged down by turmoil abroad, where the fall in the price of shares of Silicon Valley Bank caused a sector-wide share sell-off at…
Frontier countries to suffer most if Fed rate gets to 6% -analysts
Expectations for where the Fed's terminal rate would peak were rising rapidly: Markets are pricing in a range of 5.5%-5.75% for September, while the CME FedWatch tool showing almost a 50% chance for the band to hit 6% that month .…
Mib above parity; futures to hike Fed by 50 bp
(Alliance News) - European stock markets are set for a lower open on Thursday, weighed down by weak global sentiment in light of Federal Reserve Chairman Jerome Powell's recent comments and data from -hotter-than-expected US jobs supported…
Marketmind : Jay walks the walk, markets get Powell-slammed – Stock market news
(Reuters) - A look at the day ahead in Asian markets by Jamie McGeever.
To mangle a little Bruce Springsteen's "Born To Run": the market…
Only London up; good accounts for Maire Tecnimont
(Alliance News) - European stock markets report a mixed opening for the penultimate session of the week, ahead of the arrival of the Eurozone inflation figure. "The European markets had a largely negative start to the month yesterday,…
Analysis-European stocks lure global investors as rate hikes hurt U.S. more
(Reuters) - Global equity investors are finding cash-rich European markets more attractive than their U.S. counterparts packed with expensive technology stocks in their rush for better returns amid signs of growing of interest rates stay…
Rising U.S. inflation sends markets down
(Alliance News) - On Friday, an increase in inflation in the United States caused a sharp decline in the markets as the dollar returned to the highest levels of the beginning of the year. "According to the latest data released this…